Michael Kors Holdings CEO John Idol's 2020 pay slips 18% to $12M
Michael Kors Holdings reports 2020 executive compensation
By ExecPay News
Published: July 22, 2020
Michael Kors Holdings reported fiscal year 2020 executive compensation information on July 22, 2020.
In 2020, five executives at Michael Kors Holdings received on average a compensation package of $4.2M, a 24% decrease compared to previous year.
Average pay of disclosed executives at Michael Kors Holdings
John D. Idol, Chief Executive Officer, received $12M in total, which decreased by 18% compared to 2019. 64% of Idol's compensation, or $7.5M, was in stock awards. Idol also received $2.7M in non-equity incentive plan, $1.4M in salary, as well as $205K in other compensation.
For fiscal year 2020, the median employee pay was $27,592 at Michael Kors Holdings. Therefore, the ratio of John D. Idol's pay to the median employee pay was 426 to one.
Thomas J. Edwards, Jr, Chief Financial Officer, received a compensation package of $3.4M, which decreased by 4% compared to previous year. 45% of the compensation package, or $1.5M, was in stock awards.
Cathy Marie Robinson, Senior Vice President, Chief Operations and Transformation Officer, earned $2.4M in 2020, a 6% increase compared to previous year.
Krista A. McDonough, General Counsel, received $2.2M in 2020.
Pascale Meyran, Chief Human Resources Officer, earned $1.6M in 2020, a 31% decrease compared to previous year.
Michael Kors Holdings' fiscal year ends on April 2.
Related executives
John Idol
Michael Kors Holdings
Chief Executive Officer
Thomas Edwards
Michael Kors Holdings
Chief Financial Officer
Krista McDonough
Michael Kors Holdings
General Counsel
Pascale Meyran
Michael Kors Holdings
Chief Human Resources Officer
Cathy Robinson
Michael Kors Holdings
Senior Vice President, Chief Operations and Transformation Officer
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Source: SEC filing on July 22, 2020.